How company valuation

Share to Twitter Share to Linkedin Sergey Gribov is a Partner at Flint Capital , an early-stage venture fund that invests across Israel, USA and Europe. In 2021, American VC-backed companies raised $329.9 billion . This is a nearly 100% increase over the record-breaking $166.6 billion raised in 2020. On top of this, early-stage VC activity surpassed $80 billion for the first time, and annual exit values soared to more than $774 billion. This huge influx of funds led to skyrocketing startup valuations in 2021. However, as the end of the Covid-19 pandemic appears to be on the horizon, entrepreneurs and investors alike are wondering what the future holds. Can these sky-high valuations last? Is this investment frenzy sustainable, or should we brace for a crash? Fortunately, the answers to these questions paint a brighter picture than you might expect. How The Federal Reserve Influences The VC Market The U.S. Federal Reserve is … [Read more...] about Startup Valuations Now: Are We In A Bubble?

- A + A KUALA LUMPUR (May 22): Prasarana Malaysia Bhd (Prasarana) has established a committee to identify the main cause behind the brake caliper hydraulic fluid leakage that caused a disruption to the Kelana Jaya line Light Rail Transit service on Friday (May 20). The committee is made out of Rapid Rail Sdn Bhd (Rapid Rail) train spare parts supply companies, original equipment manufacturers (OEM) and independent consultants. Transport Minister Datuk Seri Dr Wee Ka Siong said the committee wiill begin work this Tuesday (May 24) to identify the main problem in a period of two weeks before followup action is taken. “Because of two incidents occurring in less than two weeks, we need to view the matter comprehensively and figure out why there are hydraulic fluid leaks and both are related to calipers said to be damaged because according to the maintenance schedule, it occurred earlier than its expected lifespan. “That’s why we need to study why the damage occurred … [Read more...] about Prasarana establishes committee to identify cause of LRT train brake issue

Datuk Seri Dr Wee Ka Siong (The Edge filepix by Suhaimi Yusuf) - A + A KUALA LUMPUR (May 22): The Ministry of Transport (MOT) is looking into e-hailing services and holding discussions with the service providers, following complaints that the increasingly expensive fares are becoming a burden to consumers. Its minister Datuk Seri Dr Wee Ka Siong said he had instructed the top management to call the companies involved to provide an explanation and clarification on the alleged increase in fares. "An increase from RM20 to RM70 in the current situation is seen as burdensome to the people, so I think as a policymaker, we will see if any party is taking advantage to make a profit. "I've also asked the Land Public Transport Agency (APAD) to review, ask the companies to explain what really happened. In a day two I expect them to give an explanation so that we can see in terms of what we should do and whether to encourage more competition." He said this to reporters … [Read more...] about E-hailing service providers to explain alleged fare hikes

This article is from Capital & Main , an award-winning publication that reports from California on economic, political, and social issues. After decades of decline in overtime pay, the Biden administration is considering action to sharply expand access in a time of high inflation. This is the fourth article of a four-part series examining the 40-year effort by big business and elected officials to deny Americans extra pay for extra work. advertisement advertisement With Americans struggling with inflation, workers’ advocates are banking on a White House that has promised to make millions more workers eligible for overtime wages that pay time and a half. Two presidents who made similar promises over the last 45 years failed to deliver, resulting in outdated federal overtime guidelines and underfunded labor enforcement. But during decades in which lawmakers and lobbyists cut away at overtime access, states like Washington and California … [Read more...] about How several states are taking the lead on restoring overtime pay

CHIN Hin Group Bhd is again making waves for its acquisitive drive. Chin Hin is a 31.2% stake owner in Signature International Bhd after purchasing a stake in March 2021. Earlier in the week, Signature had announced its intention to acquire a 23.67% stake in Main Market-listed Fiamma Holdings Bhd for RM180mil cash or RM1.50 per share. ALSO READ: Chin Hin takes control of Ajiya Fiamma mainly distributes and services home and kitchen electrical appliances and it also makes built-in kitchen and wardrobes. In December 2020, Chin Hin had parked Chin Hin Group Property Bhd (CHGP) under its stable after it acquired a 51.5% equity stake in a related party transaction (RPT) from the latter’s major shareholders. According to its 2021 annual report, Chin Hin now has an effective 59.3% stake in CHGP. There have been more acquisitions. Chin Hin is now a 65%-owner of construction firm Kayangan Kemas Sdn Bhd and the company is the single largest 24.68% shareholder in construction … [Read more...] about Chin Hin Group continues M&A spree

Beijing should allow more open debate on the consequences of its zero-Covid policy amid fears the country is “losing more than it gains” from harsh lockdowns that are taking an enormous toll on the economy, Chinese experts say. The recent Omicron wave and corresponding containment measures hammered the world’s No 2 economy harder than expected in April , fuelling worry that China may not achieve economic growth of “around 5.5 per cent” this year. Though Beijing is rolling out support for the economy, it is refusing to budge from its zero-Covid strategy, saying it is putting people and lives first. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. However, comments from a high-profile economics professor at the weekend have called the government’s approach into question – and … [Read more...] about China’s zero-Covid policy questioned as expert says ‘stabilising the economy will protect lives’

DAVOS, May 22 (Asia News Network): The war in Ukraine, as well as the pandemic and the quick economic rebound in its aftermath, significantly disrupted energy transition efforts. This has left the world in one of the most severe energy crises since the 1970s, said the World Economic Forum (WEF) in a new report titled Fostering Effective Energy Transition 2022. The pace of energy transition needs to be supercharged for the world to keep to its sustainability goals, it noted. United Nations Secretary-General Antonio Guterres drew attention to the energy crisis in an address last week (May 19), noting that Russia's assault on Ukraine will likely have major implications for global heating targets. Many countries are stepping up the use of coal or imports of liquefied natural gas as alternative sources to Russian energy, he noted, calling the short-sighted rush to fossil fuels "madness". WEF, in its latest energy transition report, called for urgent action by both private and … [Read more...] about World in one of the most severe energy crises since 1970s, says WEF

PETALING JAYA: Duopharma Biotech Bhd ’s net profit rose 15.2% year-on-year (y-o-y) to RM20.29mil for the first quarter ended March 31, 2022 (1Q22) on improved revenue. As such, the company’s earnings per share amounted to 2.19 sen from 1.90 sen a year ago, according to the pharmaceutical group’s statement yesterday. For 1Q22, the group’s revenue rose 11.7% y-o-y to RM185.94mil and its pre-tax profit rose 15% y-o-y to RM26.65mil, bolstered by higher sales to the consumer healthcare and private ethical sectors. Duopharma Biotech group managing director Leonard Ariff Abdul Shatar said the group is cautiously optimistic with the outlook this year as the country’s economy is improving following the reopening of borders and with most Covid-19 restrictions having been lifted. … [Read more...] about Duopharma 1Q net profit rises

KUALA LUMPUR: AEON Co. (M) Bhd recorded a net profit of RM28.07mil in the first quarter ended March 31, 2022, a 27.38% improvement over RM22.03mil in the previous corresponding quarter on improved retail margin and higher impairment of trade receivables in the comparative quarter. For the quarter under review, the retail and property group registered a total revenue of RM1bil, which was slightly lower compared to RM1.01bil in 1Q21. By segment, the group said its retail business contributed a 2.5% year-on-year (y-o-y) lower revenue of RM857.4mil due to more consumers spending more time outdoors and dining out instead of cooking at home, although this was cushioned by an improvement in softline. The property management services segment posted a 7.4% y-o-y higher revenue of RM144.4mil on higher sales commission and temporary space rental in line with consumers returning to physical malls. "To capture the consumers spending in coming months, the company will accelerate and … [Read more...] about Aeon Co. posts jump in 1Q net profit to RM28.07mil

Share to Twitter Share to Linkedin When the world is warned for weeks that an attack is imminent, as it was with Ukraine, there isn’t much more that can be done to prepare. Both Putin and most in NATO countries projected that Ukraine’s national government would be removed and replaced in a matter of days. Since the invasion began, the Ukrainians have inspired the world with a winning strategy deeply rooted in a culture of resilience. A cultural pivot to resilience, even knowing how to make Molotov cocktails to resist an invasion , has enabled a fierce resistance against a technically and numerically superior enemy. After only a few months, the diplomatic worry is shifting away from Ukraine’s likely victory towards how Putin will accept a loss – illustrative of what deeply-rooted resilience in culture can do, even on a shoestring budget. Similarly, resilience is ultimately what will win the imminent first space war. The Biden administration’s continued … [Read more...] about What Putin’s War With Ukraine Teaches Us About Space Resilience